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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: SirVinny who wrote (21940)4/18/1999 8:45:00 PM
From: Jerry B.  Respond to of 37507
 
I think thats a damn good idea!!!! EOM

J>



To: SirVinny who wrote (21940)4/18/1999 8:50:00 PM
From: RG  Read Replies (2) | Respond to of 37507
 
Dagan,
Is this the source of your quote from a Canadian press article? If so, you misquoted the article. If not, then provide the source of your quote.

Thursday Apr 1 1999

by Brent Mudry
The Toronto Stock Exchange is taking a bold index leap into cyberspace, adding Bid.Com International, a heavily-hyped Internet stock, to its TSE 300 and 200 indices, effective April 16. The TSE disclosed Bid.Com's elevated status on April 1. The exchange plans to add Bid.Com and TVA Group to the broad indices, replacing Royal Oak Mines and Fracmaster, which are fighting for survival. The TSE notice caps a flurry of activity in Bid.Com shares. The stock peaked at $17.60 on March 26, almost tripling from the $6 level 10 days earlier. Bid.Com has ridden a wave of Internet rumours, including musings of a takeover by Ebay, official company news, including a pending Nasdaq listing, the launch of paid banner ads and a Dutch auction patent, and fawning media coverage. The hot stock rose $2 to $14.40 on volume of 2.97 million shares on Friday.
Bid.Com has traded 65.5 million shares, an average daily volume of 7.28 million shares, since March 22, when the heavy-volume run kicked off with a nine-fold increase in volume over the previous day.

The TSE 300 elevation for Bid.Com hopefully marks a contrast with the key index's recent embarrassments with two other graduates.

The move comes on the second anniversary of the collapse of Bre-X Minerals in April 1997, and 11 months after five dozen federal agents swooped down on the Pennsylvania headquarters of YBM Magnex International last May



To: SirVinny who wrote (21940)4/18/1999 8:54:00 PM
From: RG  Read Replies (1) | Respond to of 37507
 
Maybe we should send them to the SEC. I am still waiting to see the Canadian press that Dagan quoted Saturday in his post stating that BII made an embarrassing entrance into the TSE 300.